From: Canuck57@nospam.com   
      
   On 22/03/2013 6:43 PM, Alan Baggett wrote:   
   > This was Jerry S. Rubin's breakdown:   
   >   
   > The budget proposes to make changes to the non-eligible dividend regime to   
   more accurately reflect the corporate income taxes that are paid on active   
   business income and to improve tax integration. The current 25% gross-up on   
   non-eligible dividends    
   will be reduced to 18% and the current dividend tax credit rate of 13.33% of   
   the grossed-up dividend will be reduced to 11%. This effectively increases the   
   highest marginal federal tax rate on non-eligible dividends from 19.58% to   
   >   
   > 21.22%. These changes are applicable to non-eligible dividends paid after   
   2013.   
      
   Dividend credits are still a screwing.  You can tell Ottawa has made a   
   concerted effort in hiding how it works.   
      
   Take UFile (or TurbTax) and play with it.  Dividend and tax credits do   
   not compensate for the tax rape going on.  If you earn too much,   
   anything past average household income the dividend credits dry up fast.   
   That is, they are not as effective as they say it is.   
      
   Your biggest benefit of dividends and gains come from not working where   
   incomes are lower, and no employment taxes.   
      
   Seniors with pensions and investment income can easily pay more taxes   
   than a worker pays in pure income tax.  Yep, a lot of math is designed   
   to deceive.   
      
   And with TSX performance so pathetic, Canda is a negative value economy,   
   an negative value depreciation of currency, and a fraud low below   
   inflation+taxes interest rates for pensions, RRSP and savers.   
      
   Canada is a negative value economy of debt-tax slavery.  Our gov'mints   
   have and are screwing productive people like economically whipped slaves.   
      
   Knowing this helps me preserve wealth as if gov'mint is involved at all,   
   the people and investors always lose.   
   --   
   Liberal-socialism is a great idea so long as the credit is good and   
   other people pay for it.  When the credit runs out and those that pay   
   for it leave, they can all share having nothing but debt and discontentment.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)